signal strength 2 of 5
According to the chart of M15, NZDJPY formed the Inverse Head and Shoulder pattern. The Head’s top is set at 84.77 while the median line of the Neck is found at 84.36/84.56. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of NZDJPY will go towards 85.00
The M5 and M15 time frames may have more false entry points.
See Also
- All
- Double Top
- Flag
- Head and Shoulders
- Pennant
- Rectangle
- Triangle
- Triple top
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- EURNZD
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- GBPJPY
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According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 165.68/166.11 and upper border is 166.46/166.11. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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According to the chart of M15, EURNZD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 1.9022, the lower border is 1.8995. The signal means
The M5 and M15 time frames may have more false entry points.
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The Triple Bottom pattern has formed on the chart of #INTC M5. Features of the pattern: The lower line of the pattern has coordinates 21.20 with the upper limit 21.20/20.76
The M5 and M15 time frames may have more false entry points.
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